Recent tenant eviction, although they are rare in my world, they do occur once in a while, this one was like no other one before, tenants of (3) years, stopped paying the rent, we had to evict the tenant, the tenant moved out and took:ToiletsVanitiesFurnace (yes, they disconnected the gas line and the dedicated electrical circuit)Hot Water Tank (yes, they capped the water lines ( so, thank you for not flooding my home))Kitchen Cabinets (Including the kitchen sink .... hahaha)Kitchen AppliancesAside from the regular move-out items and small repairs, this was new to me, they did not really vandalize the home, but they stripped it, which is kind of awkward, I thought about making an insurance claim, but now I am thinking just pay to replace the items and move on, the time, effort, money, and delay will outweigh I think the potential for the home going back on-line and getting back to cash flow positive.Thoughts and ideas welcome. 

While I used postcards instead of yellow letters, I still thought the value was there.My thinking was/is some people just don't like to talk on the phone and email can create a sense of distance or disconnect.  

Leverage is everything....Other people's money, Other people's knowledge, Other people's time.Since you don't live in the area, are your friends able to "disconnect their emotions" from a property.  

As your current bank most likely has access to the same information you do (recent comps), there is underlining reason that hasn't been explained that might rationalize the valuation disconnect between the both of you.

I want to know what value you can add to my business, I want to connect with you other than through some pm's and then the disconnect happens where we never talk again.

Just closed on a triplex in East Chicago and in changing over the accounts the water department discovered the water meter has been disconnected for 9 years.

I would like to listen to the phone calls associated with their account so that we can determine where there was a disconnect.

Depending on how bad is the foundation state (how many inches you have to correct), is very possible the sewer line will disconnect/break in the horizontal portions.

Truss package = $3000Decking/sheathing $30/sheet x 45 boards = $1500Crane rental $450/day x 2 days = $900Engineer drawings = $1800Permit = $2500shingles/labor = $6,000Dumpster= $300Total $17,000It's hard to pinpoint this huge disconnect in where his estimate is coming from compared to all of your inputs, which is very discerning for a first flip!

@Manch Hon  the only thing I'd watch out for is how disconnected E of 101 is to W of 101.